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Future Policy Benefits and Unpaid Claims | 12 Months Ended
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Dec. 31, 2022
Insurance [Abstract] |
Future Policy Benefits and Unpaid Claims | 22) Future Policy Benefits and Unpaid Claims The Company reports future policy benefits and unpaid claims pursuant to the accounting policy discussed in Note 1 of the Notes to Consolidated Financial Statements. The following table provides information regarding future policy benefits and unpaid claims and the related receivable from reinsurers. Schedule of Liability for Future Policy Benefits, by Product Segment
|  | December 31 |
|  | 2022 |  |  | 2021 |
Life |  | $ | 726,462,594 |  |  | $ | 698,366,477 |
Annuities |  |  | 106,637,094 |  |  |  | 107,992,830 |
Policyholder account balances |  |  | 41,146,171 |  |  |  | 42,939,055 |
Accident and health |  |  | 603,526 |  |  |  | 629,302 |
Other policyholder funds |  |  | 4,279,218 |  |  |  | 4,352,217 |
Reported but unpaid claims |  |  | 5,651,030 |  |  |  | 4,887,934 |
Incurred but not reported claims |  |  | 4,547,670 |  |  |  | 4,106,878 |
Gross future policy benefits and unpaid claims |  | $ | 889,327,303 |  |  | $ | 863,274,693 |
Receivable from reinsurers |  |  |  |  |  |  |  |
Life |  |  | 10,600,613 |  |  |  | 10,482,428 |
Annuities |  |  | 4,225,873 |  |  |  | 4,082,877 |
Accident and health |  |  | 79,467 |  |  |  | 88,474 |
Reported but unpaid claims |  |  | 110,985 |  |  |  | 177,829 |
Incurred but not reported claims |  |  | 17,000 |  |  |  | 19,000 |
Total receivable from reinsurers |  |  | 15,033,938 |  |  |  | 14,850,608 |
Net future policy benefits and unpaid claims |  | $ | 874,293,365 |  |  | $ | 848,424,085 |
Net unpaid claims |  | $ | 10,070,715 |  |  | $ | 8,797,983 |
The following table provides a rollforward of the Company’s liability for reported but unpaid claims and incurred but not reported claims, net of the related receivable from reinsurers. Summary of Liability for Reported but Unpaid Claims and Incurred but not Reported Claims
|  | Life |  |  | Annuities |  |  | Accident and Health |  |  | Total |
Balance at 12/31/2020 |  | $ | 10,286,319 |  |  | $ | 1,111,441 |  |  | $ | 17,000 |  |  | $ | 11,414,760 |
Incurred |  |  | 63,247,616 | (1) |  |  | 14,036,473 | (2) |  |  | 230,395 | (3) |  |  | 77,514,484 |
Settled |  |  | (65,518,834 | ) |  |  | (14,469,536 | ) |  |  | (142,891 | ) |  |  | (80,131,261 | )
Balance at 12/31/2021 |  |  | 8,015,101 |  |  |  | 678,378 |  |  |  | 104,504 |  |  |  | 8,797,983 |
Incurred |  |  | 59,377,962 | (1) |  |  | 13,987,576 | (2) |  |  | 40,744 | (3) |  |  | 73,406,282 |
Settled |  |  | (57,988,800 | ) |  |  | (14,016,502 | ) |  |  | (128,248 | ) |  |  | (72,133,550 | )
Balance at 12/31/2022 |  | $ | 9,404,263 |  |  | $ | 649,452 |  |  | $ | 17,000 |  |  | $ | 10,070,715 |
(1) |  | See death benefits on the consolidated statements of earnings
(2) |  | Included in increase in future benefits on the consolidated statements of earnings
(3) |  | Included in surrender and other policy benefits on the consolidated statements of earnings
SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Consolidated Financial Statements Years Ended December 31, 2022 and 2021

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- Definition The entire disclosure for liabilities related to future policy benefits and unpaid claims and claim adjustments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -URI https://asc.fasb.org/subtopic&trid=2560295 + Details
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